Quote:
Originally Posted by Villages Kahuna
Richie, if you really in your heart of hearts believe that this 'fast and furious' thing with Holder and Obama is anything more than a political response to Obama upstaging the GOP with his immigration order, then I would say you've brought naïveté to an Olympic championship level.
My argument is that Congress has a whole lot more important things to address than the death if a border agent. When are they going to address the 10% tax increase everyone is going to pay starting on New Year's Day? Or what will they do about the deep and damaging cuts to the defense budget, which start on the same day? And if their inaction leads to another credit downgrade as the result of our political inability to come up with any fiscal reforms...who will they blame then? Almost all economists say that if these things happen, it will have a disastrous effect on our economy.
Romney says wait until after the election. What the heck does that mean? Will the lame duck Congress do anything between the day after the election and when they leave for their three-week Christmas vacation? What do you think?
Then after the swearing in of the 113th Congress on January 3, will they wait around and do nothing until after the presidential inauguration on January 20? Then if Romney is elected, he'll be very busy repealing legislation for a couple weeks. Who knows what Congress will be doing. Waiting for his 'leadership' to kick in maybe?
In the meantime the Pentagon checks will be bouncing, they'll be well into cancelling military contracts and laying off people. And we'll all have a helluva lot less take home pay after the new, elevated tax rates kick in.
And you're telling me I'm naive because I expect and demand better from Congress? Like I said, neither you or Bucco or DKlassen will convince me that Congress holding hearings, launching an impeachment proceeding for the attorney general, and maneuvering to get heir pusses on then evening news rises to the importance of what they should be working on. But naive? No I'm not naive...I'm PO'd!
|
"Budget policy experts, including former CBO Director Alice Rivlin and Robert Greenstein of the Center on Budget and Policy Priorities, strongly endorsed the idea of giving Congress the first half of next year to come up with a comprehensive package or framework of savings and tax revenues, with the threat of the major tax expirations hanging over them.
“The fiscal cliff is a real cliff,” Rivlin said. “ It would be very bad for the economy and very bad for a lot of things people care about if we let all of the tax cuts expire all at once and the Alternative Minimum Tax and all the things that are in the cliff as well as the sequester.”
“It’s called [by some] kicking the can down the road,” she said. “It shouldn’t be. It is moving the fiscal cliff for a few months. It’s still there.”
Don
I give you this because as you see it is not just Romney as you just keep on insisting over and over and over.
In addition you seem to imply folks sitting around just stalling things...BOTH parties are working although it may not be up to YOUR standards...
"House Ways and Means Committee Chairman Dave Camp, R-Mich., recently endorsed a strategy for linking an extension of the Bush-era tax cuts and other expiring tax breaks to “fast-track procedures” to compel Congress to enact comprehensive tax reform next year. Congress has embraced this approach 34 times over the years, according to Camp, including most recently as part of the Trade Promotion Authority.
“This is an idea House Republicans support, the Speaker [John Boehner] endorsed . . . and I urge the Senate and the president to get behind it as well,” Camp said in a May 17 speech. “Doing so will send a clear, strong message to the markets, to employers and families that Washington is serious about reforming our tax code and putting us on a path to sustained economic growth.”
PLUS
"Senate Democrats and some Republican House leaders may be “kicking the can down the road,” but talks are intensifying with special interest groups to keep $8 trillion in combined tax increases and spending cuts from automatically kicking in beginning the first week of January."
"Camp has outlined a House GOP approach that would collapse the six current individual tax rates to two rates of 10 percent and 25 percent, eliminate the Alternative Minimum Tax and “move from an outdated worldwide system of taxation to a more competitive territorial system” with lower corporate tax rates."
Is the congress inept...YES but you harp on one thing and one thing only and I know that Romney is well aware of what is going on from his rep in the House. The two parties talk to each other, even though our wonderful media is only interested in interviewing those who will make some waves.